Announcement on WBF Token(WT) lockup incentive program

Thanks for your attention and support along the way with WBF Exchange, WBFex will officially launch the first phase of the lockup prize in order to give back gratitude to our community partners

On a voluntary basis, all users can transfer their tradable WT into the "subscription account" to participate in the lockup plan and receive the corresponding WT reward after the lockup period.

Application time

20:00, June 18, 2019 to 20:00, June 20, 2019 (GMT+8)

Lockup plan of the first phase

The limit of the first lockup incentive plan is 10 million WT. Before the deadline,the amount applied for locking up has reached 10 million WT,

The lockup incentive plan ends ahead of schedule. Lockup rewards and rules are as follows:

For example: user A lockup 100000WT at 20:00 on June 20, 2019, lockup period is 12 months (about 52 weeks)

In total, user A will receive 12,000 WT of interest and 230.8WT before 18:00 every Monday (tradable directly).

All of user A original fund will be returned after June 20, 2020.

3.Reward release rules

(1) the minimum lockup amount is 1000WT;

(2) the interest generated from the lockup will be distributed to the account in batches according to the lockup term. The weekly settlement will be made on a weekly basis. The earnings of last week will be settled on next Monday.

(3) Starting time of interest: submit the application for lockup; lockup after 21:00 on June 20, and start interest calculation at 00:00 on June 21;

(4) Settlement time: the period from the date of interest to march/June/December;

(2) In order to ensure the successful lockup, please ensure that there is sufficient amount in the "subscription account" before 20:00 on June 20. If you have any questions, please contact WBFex official customer service.